MAN DEPOSITS CASH & CHECK IN SAVINGS ACCOUNT, RECEIVES INTEREST, BORROWS MONEY FOR HIS BUSINESS, SIGNS NOTE FOR IT, OPENS CHECKING ACCOUNT, ENTERS TRANSACTIONS IN CHECKBOOK, & GETS CHANGE FOR HIS STORE. SHOWS BANK VAULT, WORK OF FEDERAL RESERVE BANK.
In collaboration with John R. Clark, Ph.D., Teachers College, Columbia University. Narrator: James A. Brill.
May 5, 2016 Subject:
"Good Place For A Hardware Store!"
A rather simple film about bank procedures here.
Frank Adams goes to the bank a lot to deposit money (he doesn't seem to take any out). We see what happens to his deposit (remember bank books?) and how the money is deposited in the bank. Then we see Frank Adams' real reason for saving his pennies. He wants to open a hardware store! After a riotous interview with the bank manager who knows a thing or two about location location location, he gets his hardware store, writes checks, and runs out of change. Wee.